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Lot
3107

1802 H10C Good 6 PCGS. V-1, LM-1, R.5....

2012 January 4-8 US Coins & Platinum Night FUN Signature Auction- Orlando #1166

 
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Auction Ended On: Jan 4, 2012
Item Activity: 11 Internet/mail/phone bidders
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Location: Orange County Convention Center
North/South Building
9899 Universal Blvd.
Hall SB - South Building
Orlando, FL 32819

Description:
1802 V-1, LM-1 Half Dime, Good 6
Only 50 to 60 Survive
1802 H10C Good 6 PCGS. V-1, LM-1, R.5. The 1802 half dime is an absolute rarity with only about 50 to 60 examples known in all grades, and it ranks among the all-time great regular issue rarities from the Philadelphia Mint. According to Jeff Garrett and Ron Guth, it is the 62nd greatest U.S. coin. It is also one of only three U.S. half dimes listed in 100 Greatest U.S. Coins. The others are the 1792 half disme, and the unique 1870-S. Garrett and Guth write:

"The story of the 1802 half dime is the classic story of attrition. Here's a coin that started out with a very low mintage [3,060], most of which was decimated over time as coins were lost or destroyed through various silver melts."


The present offering is an important opportunity for the specialist, as many of the greatest half dime collections lack or lacked an example of this issue. This delightful example has deep pewter-gray surfaces with only a few minor surface marks that are expected for a lower grade coin. All of the major design elements are present, including about 75% of the obverse border and half of the reverse border.(Registry values: P10) (NGC ID# 2328, PCGS# 4268)

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